Why I Keep My Money in Life Insurance Companies

There are folks who are worried about a super-catastrophic economic meltdown, the kind where the American dollar is completely worthless.

We're likely a long way from that, which is why even in the face of serious financial crises, like the Great Depression and Great Recession, the safe bet is to have your money safely inside legal reserve life insurance companies.

They’re the last domino to fall—and if the system ever comes back, they'll be the first to rise.

That’s why I put mine in legal reserve life insurance companies. Because I’d rather have my serious cash in a place that gives me early warning signals—like if banks or credit unions start failing. Then I can access my money fast and convert it to essentials if needed.

#shorts
#3DimensionalWealth
#FoundationalHealth
#IntellectualHealth
#FinancialHealth

[carsonroye]

“Does that make any sense?”
No. No it does not.

[harthart]

No. It would if you didn’t include insurance companies in the conversation. In the event of worthless US dollars insurance companies offer no value.